The company I work for issues shares to employees.
In any case what you've detailed out here shows the value we are sitting on.
Note expenditure on Eloise was $27M including cash and equity. Raise to extend life of Eloise of a total of $57M
Not to strictly say the costs spent mean a true reflection of value but for a revenue producing company that has now improved its core-producing assets, fixed assets, etc. Definitely does not feel adequately reflected in the current share price.
A1M Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
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